SS&C GlobeOp’s Regulatory Solutions Group Celebrates Five Year and 500 Client Milestone

SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), a global provider of financial services software and software-enabled services, today announced that the SS&C GlobeOp Regulatory Solutions Group has launched several new high performance solutions designed to improve data and portfolio management, performance reporting, and investment qualification processes for funds and asset managers to complement compliance with global regulatory and risk reporting requirements and other investor and financial reporting standards. Since the formation of the group five years ago, the Regulatory Solutions Group also surpassed 500 firms using its regulatory reporting and analytics technology including its Automatic Exchange of Information (AEOI) service portfolio.

These 500 plus firms have chosen SS&C as their technology solution for data aggregation, expert analysis, reporting, and transparency related to regulatory requirements.

“We have partnered with SS&C GlobeOp for over 10 years and continue to do so for innovative specialty services within the demanding regulatory reporting space,” said Robert P. Swan, Chief Operating Officer, Lighthouse Investment Partners, LLC. “The sophisticated technology and thoughtful processes developed by SS&C has allowed us to efficiently and consistently support our global regulatory reporting efforts related to Form PF, CPO PQR, AIFMD Annex IV, and FATCA requirements.”

The recent surge in interest and adoption of SS&C’s regulatory solutions highlights the need within the alternatives marketplace for technology that can maintain a golden source of data—critical for ensuring consistency and accuracy across regulatory, performance, investor, tax, and other types of reporting.

“SS&C aspires to provide the best combination of technology and service to our clients,” said Mike Megaw, Managing Director and Global Head of Regulatory Solutions, SS&C GlobeOp. “We understand that firms are dealing with a fast-changing regulatory landscape. Our solutions provide the technology and tools fund managers need to manage these demands. Fiduciary regulations have never been more prevalent and selecting a system that fully meets these constantly-evolving standards is a major decision. We are honored when firms choose SS&C to be their partner.”

2017 was a pivotal year for the Regulatory Solutions group. In addition to surpassing 500 clients, the group launched a number of new products and enhancements. Key new solutions and enhancements include:

Common Reporting Standard (“CRS”)

SS&C’s CRS software is accessible 24/7 and uses industry best practices and proprietary technology to ensure due diligence is completed efficiently, transparently, and accurately. When combined with SS&C’s administration service and SS&C’s e-Investor offering, it leverages attribute validation from existing AML/KYC documentation and Investor On-Boarding information to compare or enrich shared data. This can then be shared with the interface for investors and brokers.

e-Investor™ CRM

Firms leveraging SS&C’s e-Investor solution will benefit from the new CRM module which enables users to create custom investor profiles, build and maintain relationships among contacts. The new e-Investor CRM can integrate with other CRM systems and makes e-Investor a full-featured, unique, and comprehensive offering.

SS&C’s MiFIR Transaction Reporting Service helps investment firms that execute transactions in financial instruments report complete and accurate details at the close of the following working day. SS&C has made this a seamless process through integration with existing trade files from the order management system and enrichment with our Central Security Master (CSM) for details such as ISINs for derivatives, MIC, Aii, exchange details and more. SS&C has enhanced controls in place to manage data and risk through trade and securities validation and provides workflow tools for governance and oversight all while being agnostic to the approved reporting mechanisms (ARMs). Furthermore, SS&C GlobeOp tracks submitted reports through an integrated workflow and management dashboard to ensure compliance on an ongoing basis.

SEC Modernization

SS&C’s CORE reporting platform is a central data gathering and enrichment system that is designed as a single repository of all records needed to prepare regulatory reports, monitor liquidity risk management, and provide information on attribution and risk, as well as other reporting needs. CORE requires a minimum data set from existing client reports and then enriches, normalizes, and aggregates the data to create a golden source of data to meet the requirements of SEC Modernization including liquidity risk management and forms N-PORT and N-CEN.

Insight

New to SS&C, Insight is a visual and dynamic web-based platform for performance, risk, analytics and GIPS reporting, as well as creation and generation of sophisticated marketing-grade presentations. SS&C Insight combines in-depth capabilities with cutting-edge visualization and reporting technology. Whether you are a CFO, a fund manager, a performance analyst, or an investor relations, compliance, or marketing officer, Insight delivers straightforward and meaningful answers to complex questions and enriches the decision-making process.

Tax Optimizer

The Tax Optimizer solution uses portfolio transactions along with client specified tax elections to calculate the U.S. tax basis of each investment lot as well as the tax basis realized and unrealized gains and losses. The system takes transaction feeds from the underlying portfolio accounting system as of a given, user-selected, point in time to automatically calculate the most frequently occurring U.S. tax basis adjustments.

About SS&C TechnologiesSS&C is a global provider of investment and financial software-enabled services and software for the global financial services industry. Founded in 1986, SS&C is headquartered in Windsor, Connecticut and has offices around the world. Some 11,000 financial services organizations, from the world’s largest institutions to local firms, manage and account for their investments using SS&C’s products and services.